How to hover with hands?

I mean, i bring it to me, hold it in the air with my hands and then....?? What should i do? Put the stick to down 3 seconds like on the ground? Is there a way to turn it off while in the air (with it in hands)?

Yes, that's called a hand-catch. There are different methods. I like to catch it with my right hand and power it down with my left. Keep it above eye-level until the motors stop. Especially if there's a breeze, I like to go to the Phantom, instead of flying it towards me.

There are many threads on "Hand-catching" you can search for in the forums.

To clarify - the preferred way to stop the motors while hand catching (and most agree at any time) is to pull back the left stick fully until the motors stop. The Phantom will stop the motors if the left stick is back fully for 3 seconds with no downward movement of the aircraft. (But clearly will not stop the motors if the aircraft is still descending.)

I've gone to almost always hand catching and like it much better. It's faster, looks cooler, and is less likely to cause a tip-over in higher wind.

today i took off from my living room, there is a enormous open space just outside my window.. and hand catch will help me a lot, because to hover is more dificult than to take off !

im trying to find out now about the flight modes...

i tested on the simulator and noticed that the ATTI mode doesnt stabilize the aircraft, right?

About the VPS, (that stabilize the aircraft indoors, right?), is it turned on like gps, automaticaly, or should i do something? because when i turn everything on indoor here is on atti-mode... and not on the P-OPTI...